āagmanLoginNot investment advice. Data and computed figures, for information only.
Indiamart Intermesh Ltd
₹1,629.20
+₹12.70 (+0.79%)
NSE · 15 Oct 2026, close
Market Cap
₹9,664 Cr
CMP
₹1,629.20
52-wk High / Low
₹2,526 / 1,565
P/E
19.6
P/B
4.0
Book Value
₹399.0
Div Yield
1.87%
ROCE
28.0%
ROE
20.7%
Face Value
₹10
D/E
0.01
Price−31.9% over 1Y
āagman read
Computed by āagmanPiotroski F-Score
6
/ 9
6 of 9 F-score tests passed
Graham Number
₹842
√(22.5 × EPS × book value per share)
ROIC
13.5%
vs 7.6% sector median
Cash flow to profit
1.46
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−11
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
13.1%
ROE × earnings retention ratio
ROE stability
3.9
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom −0.05FII +0.75DII −1.43
Latest quarter vs the previous one
Cash-accrual divergence
−5.0%
of assets
Low = accruals track cash flow
Strengths
+ROCE has stayed above the sector median for 5 consecutive years (weakest: 19% vs the 2023 sector median of 9%)
+Borrowings are down 65.2% since FY2016 (66 to 23)
+Annualised volatility of 23.8% is in the low band (≤25%)
+PE of 19.6x is below the sector median of 41.4x
Watch-outs
−Price trades below its 200-day moving average (0.8x)
−Price is 35.5% below its 52-week high
−Promoter holding fell by 0.1pp over the last year
Peer comparison
| Name | P/E | Mar Cap ₹ Cr | ROCE % | ROE % |
|---|
Quarterly results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 282 | 295 | 305 | 315 | 331 | 348 | 354 | 355 | 372 | 391 | 402 | 404 | 414 |
| Expenses | 215 | 226 | 227 | 238 | 223 | 226 | 230 | 236 | 253 | 275 | 282 | 284 | 282 |
| Operating Profit | 67 | 69 | 78 | 77 | 108 | 122 | 124 | 119 | 119 | 116 | 120 | 120 | 132 |
| OPM % | 23.8% | 23.4% | 25.6% | 24.4% | 32.6% | 35.1% | 35.0% | 33.5% | 32.0% | 29.7% | 29.9% | 29.7% | 31.9% |
| Other Income | 55 | 35 | 42 | 77 | 53 | 66 | 45 | 109 | 92 | 10 | 135 | −34 | 107 |
| Interest | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 0 |
| Depreciation | 7 | 8 | 8 | 13 | 8 | 8 | 8 | 8 | 7 | 7 | 7 | 7 | 6 |
| Profit before tax | 112 | 93 | 110 | 139 | 151 | 177 | 159 | 218 | 204 | 119 | 247 | 78 | 232 |
| Net Profit | 83 | 69 | 82 | 100 | 114 | 135 | 121 | 181 | 154 | 83 | 188 | 50 | 172 |
| EPS (₹) | 13.57 | 11.57 | 13.65 | 16.61 | 19.01 | 22.52 | 20.16 | 30.08 | 25.57 | 13.78 | 31.34 | 8.35 | 28.63 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 176 | 254 | 318 | 411 | 507 | 639 | 670 | 753 | 985 | 1,197 | 1,388 | 1,569 | 1,611 |
| Expenses | 228 | 373 | 391 | 487 | 490 | 472 | 344 | 458 | 755 | 906 | 915 | 1,094 | 1,124 |
| Operating Profit | −52 | −119 | −74 | −76 | 17 | 167 | 326 | 296 | 230 | 291 | 474 | 475 | 488 |
| OPM % | −29.5% | −46.9% | −23.3% | −18.5% | 3.4% | 26.1% | 48.7% | 39.3% | 23.4% | 24.3% | 34.1% | 30.3% | 30.3% |
| Other Income | 23 | 8 | 14 | 19 | 41 | 69 | 87 | 112 | 181 | 209 | 272 | 204 | 218 |
| Interest | 0 | 1 | 0 | 0 | 0 | 3 | 7 | 5 | 8 | 9 | 7 | 3 | 2 |
| Depreciation | 3 | 4 | 5 | 3 | 4 | 21 | 16 | 12 | 31 | 36 | 33 | 28 | 28 |
| Profit before tax | −32 | −115 | −64 | −60 | 54 | 211 | 389 | 390 | 371 | 454 | 706 | 648 | 676 |
| Net Profit | −32 | −116 | −64 | 55 | 20 | 147 | 280 | 298 | 284 | 334 | 551 | 475 | 493 |
| EPS (₹) | −17.43 | −63.34 | −35.16 | 27.38 | 3.50 | 25.50 | 46.09 | 48.71 | 46.38 | 55.68 | 91.73 | 79.00 | 82.10 |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 10 | 29 | 29 | 30 | 31 | 31 | 60 | 60 | 60 | — |
| Reserves | −152 | −153 | −399 | −331 | 131 | 246 | 1,581 | 1,844 | 2,028 | 1,676 | 2,125 | 2,340 | — |
| Borrowings | 49 | 66 | 0 | 0 | 0 | 77 | 63 | 56 | 46 | 41 | 33 | 23 | — |
| Other Liabilities | 196 | 268 | 611 | 864 | 661 | 771 | 837 | 1,019 | 1,338 | 1,672 | 1,912 | 2,201 | — |
| Total Liabilities | 102 | 191 | 221 | 543 | 821 | 1,123 | 2,511 | 2,949 | 3,442 | 3,449 | 4,130 | 4,625 | — |
| Fixed Assets | 6 | 10 | 9 | 8 | 9 | 86 | 65 | 56 | 553 | 536 | 515 | 494 | — |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Investments | 60 | 125 | 136 | 311 | 607 | 901 | 2,254 | 2,722 | 2,784 | 2,746 | 3,453 | 3,792 | — |
| Other Assets | 36 | 56 | 76 | 223 | 204 | 136 | 192 | 171 | 106 | 166 | 161 | 338 | — |
| Total Assets | 102 | 191 | 221 | 543 | 821 | 1,123 | 2,511 | 2,949 | 3,442 | 3,449 | 4,130 | 4,625 | — |
Cash Flows
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 7 | −55 | −1 | 179 | 255 | 261 | 322 | 402 | 476 | 559 | 623 | 694 |
| Cash from Investing Activity | −4 | −75 | −8 | −165 | −276 | −233 | −1,338 | −335 | −324 | 162 | −486 | −347 |
| Cash from Financing Activity | 0 | 133 | 7 | 15 | 14 | −51 | 1,038 | −58 | −143 | −695 | −148 | −340 |
| Net Cash Flow | 3 | 2 | −1 | 29 | −7 | −23 | 23 | 9 | 9 | 27 | −11 | 7 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | — | — | — | — | — | 84.0 | 39.0 | 22.0 | 19.0 | 24.0 | 34.0 | 28.0 |
| ROE % | — | — | — | — | — | — | — | — | — | — | — | 20.7 |
| EPS (₹) | −17.43 | −63.34 | −35.16 | 27.38 | 3.50 | 25.50 | 46.09 | 48.71 | 46.38 | 55.68 | 91.73 | 79.00 |
| Book Value (₹) | — | — | — | — | — | — | — | — | — | — | — | 399.0 |
| Face Value (₹) | — | — | — | — | — | — | — | — | — | — | — | 10 |
| P/E | — | — | — | — | — | — | — | — | — | — | — | 19.6 |
| Div Yield % | — | — | — | — | — | — | — | — | — | — | — | 1.87 |
| NPM % | −16.1 | −44.3 | −19.3 | 12.8 | 3.6 | 20.8 | 37.0 | 34.5 | 24.4 | 23.8 | 33.2 | 26.8 |
| OPM % | −29.0 | −47.0 | −23.0 | −19.0 | 3.4 | 26.0 | 49.0 | 39.0 | 23.0 | 24.0 | 34.0 | 30.0 |
| D/E | — | — | — | — | 0.00 | 0.28 | 0.04 | 0.03 | 0.02 | 0.02 | 0.02 | 0.01 |
| P/B | — | — | — | — | — | — | — | — | — | — | — | 4.0 |
Growth
Compounded sales growth
10 years+20.0%
5 years+19.0%
3 years+17.0%
TTM+13.0%
Compounded profit growth
10 years+20.0%
5 years+11.0%
3 years+19.0%
TTM−16.0%
Stock price CAGR
5 years−18.0%
3 years−17.0%
Last year−33.0%
Return on equity
5 years19.0%
3 years22.0%
Last year21.0%
Documents
Announcements
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeCorporate actions
19 Jun 2026DIVIDENDDividend - Rs 30 Per Share/ Special Dividend - Rs 30 Per Share—
6 Jun 2025DIVIDENDDividend - Rs 30 Per Share/Special Dividend - Rs 20 Per Share—
7 Jun 2024DIVIDENDDividend - Rs 20 Per Share—
21 Jun 2023BONUSBonus 1:1—
11 May 2023DIVIDENDDividend - Rs 20 Per Share—
1 Sep 2022DIVIDENDDividend - Rs 2 Per Share—
23 Aug 2021DIVIDEND Dividend - Rs 15 Per Share—
12 Mar 2020DIVIDEND Interim Dividend - Rs 10 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman